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The company plans to deploy its net-zero-emissions technology (NZET) at the refinery to make 20,000 barrels per day of marine-grade diesel fuel.

This strategic investment includes patents, know-how, a demo plant in Portugal, and a collaboration agreement with industry leaders.

The green-energy supply chain would enable up to 1 million tons per year of exports from India to Europe via Rotterdam.

The whitepaper examines the regulatory landscape surrounding marine biofuels and the specifics of IMO compliance, among other topics.

The companies said they expect the partnership to bring a brand-new vision of how sustainable aviation fuel (SAF) benchmarks are built.

The corridor runs between Norfolk Harbor and Virginia Inland Port.

The deal is believed to be the largest single transfer of investment tax credits (ITCs) completed under the Inflation Reduction Act to date.

BioxiGuard reduces oxidation degradation by about half, aiming for more efficient fuel use, according to Nippon Yuka.

With the pilot project, Microsoft is expected to reduce its maritime scope 3 emissions by nearly 10,000 tons of CO2e over three years.

The all-cash transaction of approximately USD$2.4 billion is expected to close within the first half of next year.

The massive bill, which intends to implement President Trump’s agenda, now heads to the Senate for consideration.

The 400,000 tpy SAF facility in Shijazhuang will begin construction later this year and is expected to be operational in 2027.